Kanye West's YZY Token Sees Largest Unlock Yet: 120 Million Tokens Released, Crashing Nearly 90% from an All-Time High

BlockBeats News, August 15th. According to OnchainLens, Kanye West's YZY token will see its largest unlock in history on August 16th, with a total of 120.83 million YZY tokens entering circulation, worth approximately $35.26 million, representing 12.08% of YZY's total supply of 1 billion tokens.

Following this unlock, YZY will continue to release tokens in the future, with an estimated monthly unlock of tokens worth about $8.51 million, continuing until July 2027.

Market data shows that YZY's current price has fallen by approximately 89.9% from its all-time high of $2.95. The current market capitalization is reported to be $87 million.